Recent Real Estate News
Court of Appeals set to hear landmark challenge to CFPB constitutionality
The Consumer Financial Protection Bureau’s moment of truth (in the courtroom, at least) is coming this week as the full Court of Appeals for the District of Columbia Circuit is set to rehear the landmark challenge to the agency’s constitutionality brought by PHH Corp. Here's a breakdown of the case and a view of what's coming next.Where are building permits keeping up with housing demand?
An interactive tool from NAR shows the need for new housing in different counties across the U.S. compared to the number of new building permits issued. Since the housing crisis, the number of counties hitting their peak levels of building permits decreased substantially.Fidelity National Financial acquires Hudson & Marshall
ServiceLink, the provider of transaction services to the mortgage and finance industries, is getting into the auction business thanks to its parent company buying one of the country’s top auction companies. On Monday, Fidelity National Financial, the title insurance giant and parent company of ServiceLink, announced that it acquired Hudson & Marshall.As foreclosure well runs dry, investors look to new builds
Build-to-rent homes continue to gain traction among builders and investors. As foreclosures continue to dwindle, many investors are looking for a different source of homes to rent out, and newly built homes could be the solution they are searching for.California apartment complex to pay $20,000 for discrimination allegations
After being accused on several fronts for discriminatory acts against Latinos and families with children, the owners of a California Apartment Complex settled with HUD to pay $20,000. HUD released details on both the accusations and the settlement terms.Monday Morning Cup of Coffee: HUD budget shows cuts still run deep
The draft of HUD’s proposed 2018 budget calls for “increased responsibility on state and local governments and calls for the private sector to do more to meet community needs.” The proposed budget also eliminates the Housing Trust Fund, a program financed by Fannie Mae and Freddie Mac profits. Also, where is the next emerging market for mortgage lending? Here's where, according to the CEO of Caliber Home Loans.Want to buy a home at the start of your career? Get one of these 10 college degrees
A new report shows which degrees are best for homeownership, and one degree stands out above the rest with the fastest path to homeownership. On the opposite end of the spectrum, educator degrees present the slowest path to homeownership as it would take nearly seven years to save up for a home.Can Hispanic homeownership finally boom under the Trump administration?
The current administration’s policies could be the best thing that could happen for Hispanics working toward homeownership. While other groups continue to see diminishing homeownership rates, Hispanic homeownership rates are on the rise, but remain significantly lower than rates among other ethnicities.Owning a home is within reach – but certain kinds of renters don’t care
With rising home prices, many Americans struggle to buy a home. For others, however, homeownership is within reach, they simply don’t care. In fact, renting can be a smart move for many who want the freedom to move around.Watchdog: The CFPB fails to properly secure confidential enforcement information
The Consumer Financial Protection Bureau’s Office of Enforcement fails to properly secure sensitive, confidential information, leaving the data available to both employees that no longer needed access to the data and former employees who left the bureau, a watchdog report found. Here are the details.